Hackers broke into a bitcoin exchange and stole more than $40 million

Binance suspended for a week of withdrawals for inspection. But users of the exchange can continue trading cryptocurrencies.

One of the world’s largest cryptocurrency exchanges Binance was attacked by hackers on the evening of 7 may and lost more than $40 million.

The report stated that the attackers kidnapped seven thousand bitcoins from the same wallet, approximately 2% of all bitkoenig assets Binance.

Hackers used phishing, virus attacks and other techniques to steal bitcoins. They managed to obtain important user data to a variety of customers, including two-factor authentication codes.

“Hackers have the patience to wait for the opportune moment and to exercise a well-planned operation through a variety of accounts, at first glance seemingly completely independent”, – reads the statement of the exchange.

It is noted that “the transaction was structured in a way that could bypass existing security checks.

“Unfortunately, we are unable to block the withdrawal of funds before it was implemented”, – said in the Binance and added that the stolen funds will be recovered through the guarantee of bills of exchange, created in the event of unforeseen circumstances.

Binance suspended for a week of withdrawals for inspection. Users of the exchange, however, will be able to continue trading cryptocurrencies.

According to CoinDesk, the bitcoin exchange rate on Wednesday is $5860 by 0.76 per cent below the level of the previous session.

Earlier in Zaporozhye the staff of the Police arrested the man who developed and spread the virus, opens access to crypto-wallets of the victims. The attacker had made a withdrawal in the controlled bitcoin wallets.

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